Hotel, other developments on tap for St. Albans

A hotel, state building and parking garage are in the works between both the city and private developers in St. Albans.

City officials estimate will put at least $25 million into downtown St. A.

Dominic Cloud, the city's manager said a developer wants to build an 88-room hotel in place of the Moose Lodge on Lake Street.

Around the corner, the plan is for another private developer to transform the former Brickyard Tavern into a state office building that would have space for 200 people.

Then, in between the hotel and state offices, the city would build a 350-space public parking garage. It would be paid for through tax increment-financing that comes from the state.

Still, voters have to give it the OK. On Town Meeting Day in March, they'll be asked to authorize the city to borrow $500,000 to fund the creation of final design plans for the garage.

Cloud said the understanding is private developers are ready to move forward, if passed. He stresses this plan hedges on how residents vote on town meeting day.

"Two hundred office workers, an 88-room hotel and a public parking garage in the middle to serve existing parking needs better and attract additional developments without relying on the general fund to do so, that's pretty close to a no-brainer," said Cloud.

Officials said the new hotel would mean dozens of new jobs. The hope is the entire project brings new business to St. Albans.

Copyright 2013 byWPTZ All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Comments

The views expressed are not those of this site, this station or its affiliated companies. By posting your comments you agree to accept our terms of use.